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Fed’s Kaplan, who is a non-voting member, has said that the Fed can be patient on rates

Key comments:

  • Fed can the Ford to be patient for the time being.
  • They are watching very carefully held trade tensions unfold.
  • rate setting for the moment is at the right point.
  • lack of pricing power is pressuring business margins.
  • agnostic about whether the next Fed move is up or down.